The golden era has already begun. India stands to gain a lot now because China is almost done. They are no longer a big name in the market. Our population is also growing and especially there are more & more young men & women under 30, which obviously will boost consumption of textiles in the coming decade.
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The stability and sustained growth of the Indian textile industry in 2013, amidst the economic crisis that the world has been facing especially in the manufacturing sector, revealed that the industry has gained the strength and maturity over the years to withstand the fluctuations in global trade to any extent.
The stability and sustained growth of the Indian textile industry in 2013, amidst the economic crisis that the world has been facing especially in the manufacturing sector, revealed that the industry has gained the strength and maturity over the years to withstand the fluctuations in global trade to any extent.
The year 2013 has witnessed mixed fortunes for yarns and fabric. After initial brightness there has been sluggishness. Of course there appears to be little relief ahead in view of some movements.
ndian textile industrys future is looking bright. In the last 8-month, there is a 17 per cent growth in apparel export. In textile fabric, the growth is 18 per cent. Last 3 years were bad for us, but 2013 started working well for the industry.
On January 1, 2014 KARL MAYER will acquire the majority of the ownership of LIBA Maschinen fabrik GmbH, which in the future will be integrated into the KARL MAYER group. For decades KARL MAYER and LIBA have been the leaders in the development
Technical textiles, which includes fabrics for architectures, auto-mobiles and parachutes, is becoming increasingly important in East Germany, according to the Association of South-East German Textile and Clothing Industry (VTI).